Motorola Solutions, Inc. — Director's Dealing 2021

Feb 10, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Motorola Solutions, Inc. (MSI)
CIK: 0000068505
Period of Report: 2021-02-08

Reporting Person: BROWN GREGORY Q (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-08	Motorola Solutions, Inc. - Common Stock	M	31801	$38.04	Acquired	77377.2816	Direct
2021-02-08	Motorola Solutions, Inc. - Common Stock	S	8117	$183.0873	Disposed	69260.2816	Direct
2021-02-08	Motorola Solutions, Inc. - Common Stock	S	23684	$182.5902	Disposed	45576.2816	Direct
2021-02-08	Motorola Solutions, Inc. - Common Stock	M	119196	$38.04	Acquired	164772.2816	Direct
2021-02-08	Motorola Solutions, Inc. - Common Stock	D	24787	$182.93	Disposed	139985.2816	Direct
2021-02-08	Motorola Solutions, Inc. - Common Stock	S	12197	$183.178	Disposed	127788.2816	Direct
2021-02-08	Motorola Solutions, Inc. - Common Stock	S	82212	$182.5564	Disposed	45576.2816	Direct
2021-02-09	Motorola Solutions, Inc. - Common Stock	M	482	$38.04	Acquired	46058.2816	Direct
2021-02-09	Motorola Solutions, Inc. - Common Stock	S	482	$182.85	Disposed	45576.2816	Direct
2021-02-09	Motorola Solutions, Inc. - Common Stock	M	61036	$38.04	Acquired	106612.2816	Direct
2021-02-09	Motorola Solutions, Inc. - Common Stock	D	12720	$182.54	Disposed	93892.2816	Direct
2021-02-09	Motorola Solutions, Inc. - Common Stock	S	32755	$183.3748	Disposed	61137.2816	Direct
2021-02-09	Motorola Solutions, Inc. - Common Stock	S	15561	$182.7676	Disposed	45576.2816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-08	Employee Stock Option - (Right to Buy)	$38.04	M	31801	Disposed	2021-02-22	Motorola Solutions, Inc. - Common Stock (31801)	Direct
2021-02-08	Stock Appreciation Right	$38.04	M	119196	Disposed	2021-02-22	Motorola Solutions, Inc. - Common Stock (119196)	Direct
2021-02-09	Employee Stock Option (Right to Buy)	$38.04	M	482	Disposed	2021-02-22	Motorola Solutions, Inc. - Common Stock (482)	Direct
2021-02-09	Stock Appreciation Right	$38.04	M	61036	Disposed	2021-02-22	Motorola Solutions, Inc. - Common Stock (61036)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Motorola Solutions, Inc. - Common Stock	2220	Indirect
Motorola Solutions, Inc. - Common Stock	81000	Indirect
Motorola Solutions, Inc. - Common Stock	78780	Indirect
Motorola Solutions, Inc. - Common Stock	24719	Indirect
Motorola Solutions, Inc. - Common Stock	22517	Indirect
Motorola Solutions, Inc. - Common Stock	41489	Indirect
Motorola Solutions, Inc. - Common Stock	104597	Indirect
Motorola Solutions, Inc. - Common Stock	28817	Indirect

Footnotes

F1: The exercise of these options and stock appreciation rights and sale of shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2020.

F2: Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.

F3: $183.0873 is the weighted average sales price. Prices for this transaction ranged from $182.8050 to 183.70. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F4: $182.5902 is the weighted average sales price. Prices for this transaction ranged from $182.50 to 182.79. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F5: This represents the difference between the number of SARs exercised (119,196) and the number of shares issued as a result of the exercise (94,409). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date the SAR is exercised ($182.93) and the base price ($38.04).

F6: $183.1780 is the weighted average sales price. Prices for this transaction ranged from $182.76 to 183.66. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F7: $182.5564 is the weighted average sales price. Prices for this transaction ranged from 182.50 to $182.75. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F8: This represents the difference between the number of SARs exercised (61,036) and the number of shares issued as a result of the exercise (48,316). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date the SAR is exercised ($182.54) and the base price ($38.04).

F9: $183.3748 is the weighted average sales price. Prices for this transaction ranged from 183.01 to $183.81. The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F10: $182.7676 is the weighted average sales price. Prices for this transaction ranged from 182.50 to $183.00 The reporting person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F11: These shares are held in an irrevocable trust for the benefit of the reporting person's wife and children. The reporting person's wife is trustee of this trust.

F12: These shares are held in a family trust for the benefit of the reporting person's children. The reporting person is trustee of this trust.

F13: These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust.

F14: These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust.

F15: These options and stock appreciation rights vested in three equal annual installments beginning on February 22, 2012.